St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-17

! A RTICLES OF INCORPORATION OF
| "A ST. Peter Street Improvement Company
| -Knowall men by these presents. That we,
the undersigned, do hereby associate under
and according to the provisions of title 2 of
chapter 30, of the General Statutes of the
| state of Minnesota, for The purpose of form
| ing a corporation as hereinafter stated, and
TO mat end DO hereby adopt the following
articles Of incorporation:
Article 1.-The name of said corporation
snail be st. Peter Street Improvement Com
pany." The general nature of its business
shall be the buying, owning, improving sell
ing ana dealing i'll lands, tenements and
Entertainments, real mixed and personal es-
tate ana property; the principal place of
transacting said business shall be the city of
of Minnesota.
Art 1.-THE time of commencement of
said corporation shall be Oct 10. 1887 The
period OF its continuance shall be thirty
years.
Art. III.-The amount of capital stock of
said corporation shall be $500. 600; the same
snail be paid in cash or i'll lands at such
tunes and from time TO time and in such
manner rs the bylaws shall prescribe, pro-
vided that 20 per cent. of said stock may be
called by the directors on or prior TO the LIST
day OF August, 1888, or in monthly install.
ments OF 10 per cent of the amount of each
subscription, beginning March l, 1888; pro-
yided further, that not more than 20 per
cent. OF each subscription shall be called in
prior to said LIST day of August, 1888.
Art. lN.-The highest amount of indebted
ness or liability to which said corporation
snail at any time be subject shall be $780,
600. w.
Art V.-The names and places OF residence
OF the persons forming said association for
incorporation are as follows: j. Royall Nc
Murran, Henry Hutchinson, John +. Fulton,
u. J. HodgsOn, A. G. Potstlethwaite, Daniel
II. McEwen and Henry E. Wedelstaedt and
they all reside i'll the city of st. Paul afore-
SAID.
Art VI.-The names of the first board of
directors of said corporation are as follows:
j. Royal, McMurran, Henry Hutchinson. j Ohm
+. Fulton, f. j. Hodgson. A. G. Postlethwaite,
Daniel ID: McEwen and Henry e. Wedel-
staedt. The government of said corporation
and the management of its affairs shall be
vested i'll board of seven directors which
snail be composed until the first annual meet
ing OF the persons last above mentioned; and
at said annual meeting, which shall be held on
the second Tuesday of May in each year here
after, such board of directors shall be
elected The officers of said corporation shall
be PRESIDENT vice president, secretary and
a treasurer, all of whom, except the secretary,
Shall be stockholders. Until the first annual
meetingJ Royal McMurran shall be presi-
cent, John f. Fulton shall be vice president
and A. G. Postlethwaite shall be treasurer of
said corporation.
Art. VII.-The number of shares in the
capital stock of said corporation shall be
500.
In testimony whereof we have hereunto set
our hands and seals this oath day of Septem-
Der, A. d. 1887.
j. ROYALL MCMURRAN, ISeal.1
HENRY HUTCHINSON, fSeal.t
JOHN f. FULTON, ESeal.t
E. j. HODGSON, fSeal.1
A. G. POSTLETHWAITE, fSeal.1
DANIEL II. MCEWEN, fSeaI.i
HENRY E. WEDELSTAEDT, fSeal.t
In presence of
w. Il. MCMURRAN !
SAML MCMURBAN (